SusanFromVermont wrote:
Greetings Bipod!
In essence, you are absolutely correct that a warranty is only as good as the ethics and financial stability of the person or entity that issues it. Because of this, people tend to want to deal only with what can be described as "trusted vendors". Those are ones whose actions have shown that they belong in that elite group.
Others who are not trustworthy may get customers, but won't keep them long! There are always those who want a "great deal" and don't understand the premise that if something looks too good to be true, it probably isn't. There are plenty of examples of how people can get cheated, as I have seen discussed on this forum as well as in other places. And even the "trusted vendors" get complaints, but there are also people who start complaining even before trying to have a problem solved! After all, even the best companies can have employees who occasionally make mistakes...
As you point out, a lot of people got the shaft when Sears went out of business. It is a shame that a once great and trusted company came to such an ignominious end. Poor management decisions and execution are a great part of how this came about. Also, they abandoned the format that made them indispensable for so many years - the broad-based product sales through their catalogue. Perhaps they could not foresee or accept the computerized platform we see today. If they had adapted to the growth of online sales, perhaps they would have been able to keep going. Like Amazon. And Walmart is following suit. Along with a lot of other companies. Online shopping has become possible at so many places/stores through their websites.
It is definitely bad for people when a company or individual cannot be trusted to follow through on the agreements made, such as warranties issued. While it may not be worthwhile to pursue the fulfillment of a warranty that is not honored, people can not only never return to that vendor, but also they can spread the word about them through public media. At the other end of the spectrum, those who HAVE earned the "trustworthy" designation have plenty of return customers! Word of good service and reliability spreads throughout any community of people who value them.
Susan
Greetings Bipod! br br In essence, you are absolu... (
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Hi, Susan,
I trust people that I know. How does one know a corporation?
B&H has always treated me well, and I thought I could trust them.
But then I found out they were screwing their Hispanics employees
(badly enough to be sued by the US Justice Department!).
Well, as it happens, I'm not an Orthodox Jew. That puts me on the
potential "screwee list". So how can I trust B&H?
I think one has to do business with people one knows--put faces to
the names--or at least talk to the bigshots on the phone.
Expecting some unknown entity to act ethically or even legally is a
forlorn hope. Justice is way too expensive--you won't be able to
afford it.
Old school East Coast companies were much less inclined to ripoff customers---
'cause you never who who might be a Gambino relative.
But Silicon Valley would overcharge Jesus for his cross--nothing
matters but money. They are brazen and fearless.
Not being Jesus or a Gambino, I try to deal with old school East Coast
brick & mortar companies that have a good reputation and aren't the subject
of federal lawsuits. Granted, ti's a smaller and smaller number.
I was doing business with a company called Comverse Network Systems
(formerly the highly regarded Boston Technologies) when Comverse's CEO,
Jacob "Kobi" Alexander was promoted to the FBI's Ten Most wanted List.
Yeah, an "honor" shared with John Dilligenger and hijacker D. B. Cooper.
Seems he had violated SEC securties regulations and then fled to Namibia
to avoid prosecution (with help form Israel's Mosad, tis' said).
In 2016 he cut a deal with the Justice Dept and returned to the US.
He gets a reduce sentence; Comverse's investors get the shaft.
https://www.wsj.com/articles/fugitive-tech-ceo-kobi-alexander-returning-to-u-s-in-plea-deal-in-stock-options-case-1471974367If you were I wanted for federal felonies--would we be able to cut a deal
with the JD? We are not rich and not have no friends in the Knesset--or in
Congress, I presume.
There is only one sin:: not being rich and well-connected enough! All else
will be forgiven.
It's so hard to keep track--who is the Master Race these days?--is it the Aryans?
The Han Chinese? The Hebrews? Who is "right by virtua of DNA?"
While the US may have fallen short of its principle that "All Men are Created
Equal" -- should we abandon that goal? However quant and unrealistic it may
sound.
Had you or I done what Kobi Alexander, did, we'd be sitting in Levenworth.
Kobi gets to serve in Israel. He was released in October 2018. "I'll get by,
with a little help from my friends..."
Too bad you and I--plus a million black defendents--don't have such friends.
There is one laws for the "haves" and DNA-endowed, another for tha "have-nots"
and misbegotten....